Samsung (KRX:005930) is currently reviewing a treasury share repurchase for stock-based compensation linked to the current year's management performance, though no specific decisions regarding schedule or scale have been finalized.
The company issued this clarification in response to a June 24 Munhwa Ilbo report claiming a 90 trillion won three-year phased buyback plan had been approved by the board, according to a bourse filing on Thursday.
While the review remains active, all reported details remain speculative until formally determined, the filing read.